Zalando (FRA:ZAL) received a €43.00 ($50.00) price objective from research analysts at Hauck & Aufhaeuser in a report issued on Thursday, February 28th. The firm presently has a “buy” rating on the stock. Hauck & Aufhaeuser’s price target points to a potential upside of 22.72% from the company’s previous close.
Other equities analysts have also issued research reports about the company. Credit Suisse Group set a €38.00 ($44.19) price target on Zalando and gave the company a “buy” rating in a research report on Tuesday, November 6th. Royal Bank of Canada set a €42.00 ($48.84) price objective on Zalando and gave the stock a “buy” rating in a research report on Tuesday, November 6th. Baader Bank set a €56.00 ($65.12) price objective on Zalando and gave the stock a “buy” rating in a research report on Tuesday, November 6th. Barclays set a €50.00 ($58.14) price target on Zalando and gave the stock a “buy” rating in a research note on Tuesday, November 6th. Finally, Morgan Stanley set a €44.00 ($51.16) price target on Zalando and gave the stock a “buy” rating in a research note on Monday, November 5th. Four research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of €35.15 ($40.87).
Shares of FRA:ZAL traded up €0.85 ($0.99) during midday trading on Thursday, reaching €35.04 ($40.74). The company had a trading volume of 390,374 shares. Zalando has a 1-year low of €36.33 ($42.24) and a 1-year high of €49.86 ($57.98).
Zalando Company Profile
Zalando SE operates as an online fashion retailer in Europe. The company offers a range of products, including clothes, shoes, and accessories for women, men, and children. Zalando SE also sells its products through its Zalando Lounge; and brick-and-mortar stores in Berlin, Frankfurt am main, and Cologne.
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